Market Size of Poppy Seed Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 234.76 Billion |
| Market Size (2029) | USD 289.77 Billion |
| CAGR (2024 - 2029) | 4.30 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
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Poppy Seed Market Analysis
The Poppy Seed Market size is estimated at USD 234.76 billion in 2024, and is expected to reach USD 289.77 billion by 2029, growing at a CAGR of 4.30% during the forecast period (2024-2029).
Logistical restrictions on trucking and shipping resulted in the decline in international trading, which has significantly affected the market sales for poppy seeds. Also, the difficulty in finding air, sea, or land freight was also witnessed by the companies involved in the industry. Some other prominent constraints included customs clearances, export permits, import permits, and phytosanitary certificates. This was primarily due to the reduced staffing of government offices, which delayed the consignments meant for trade.
The seeds are added to foods such as bread and muffins as a topping. Poppy seeds can also be crushed for oil. They are also used as feedstuff and for health products. The opium poppy plant contains narcotic alkaloids such as morphine and codeine. Poppy seeds do not contain opium alkaloids or contain only very low levels. However, poppy-seed-containing foods usually go through several processes before being served. Poppy seeds are among one the products that face various contamination issues. Moreover, poppy seeds are also pressed to form poppyseed oil, a valuable commercial oil that has multiple culinary and industrial uses. The capsules are also used as a sedative against irritant coughing and sleeplessness in the form of syrup or extract.
India, Germany, Hungary, and the Czech Republic are the leading consumers of poppy seeds. The poppy seed is one of the essential oilseeds, and its cultivation is a deeply-entrenched tradition in the Czech Republic.
The rise in the demand for poppy seeds from the baking industry is one of the major driving forces behind the growth of the poppy seeds market. The market is also growing due to the escalating health benefits from poppy seeds.
